GIB vs. OR

Last updated Jul 11, 2026

GIB (CGI Inc) and OR (Osisko Gold Royalties Ltd) are both stocks. GIB operates in Information Technology Services (Technology), while OR operates in Gold (Basic Materials). Over the past 10 years, GIB returned 4.42%/yr vs 9.90%/yr for OR. At a 0.15 correlation, their price movements are largely independent.

Performance

GIB vs. OR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CGI Inc (GIB) and Osisko Gold Royalties Ltd (OR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GIB achieves a -27.08% return, which is significantly lower than OR's -16.97% return. Over the past 10 years, GIB has underperformed OR with an annualized return of 4.42%, while OR has yielded a comparatively higher 9.90% annualized return.

GIB

• 1D: 0.25%
• 1M: 0.21%
• 6M: -28.26%
• YTD: -27.08%
• 1Y: -32.90%
• 3Y*: -13.48%
• 5Y*: -5.94%
• 10Y*: 4.42%

OR

• 1D: -1.58%
• 1M: -10.39%
• 6M: -23.87%
• YTD: -16.97%
• 1Y: 5.75%
• 3Y*: 28.20%
• 5Y*: 18.38%
• 10Y*: 9.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GIB vs. OR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GIB CGI Inc	-27.08%	-15.19%	2.07%	24.47%	-2.68%	11.59%	-5.26%	36.80%	12.63%	13.12%
OR Osisko Gold Royalties Ltd	-16.97%	96.95%	28.14%	19.96%	0.02%	-2.01%	32.58%	12.20%	-22.72%	20.74%

Correlation

The correlation between GIB and OR is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.15
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.15

The correlation between GIB and OR shifts across timeframes, from -0.02 (1 year) to 0.18 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap GIB : $14.57B OR : $5.49B
EPS GIB : CA$7.71 OR : $1.34
PE Ratio GIB : 12.31 OR : 21.81
PEG Ratio GIB : 1.54 OR : 0.12
PS Ratio GIB : 1.26 OR : 17.03
PB Ratio GIB : 2.02 OR : 3.74
Total Revenue (TTM) GIB : CA$16.35B OR : $325.18M
Gross Profit (TTM) GIB : CA$3.35B OR : $275.03M
EBITDA (TTM) GIB : CA$2.98B OR : $330.83M

Return for Risk

GIB vs. OR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GIB

GIB Risk / Return Rank: 6
GIB Sharpe Ratio Rank: 3
GIB Sortino Ratio Rank: 7
GIB Omega Ratio Rank: 5
GIB Calmar Ratio Rank: 9
GIB Martin Ratio Rank: 5

OR

OR Risk / Return Rank: 52
OR Sharpe Ratio Rank: 53
OR Sortino Ratio Rank: 49
OR Omega Ratio Rank: 50
OR Calmar Ratio Rank: 52
OR Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GIB vs. OR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CGI Inc (GIB) and Osisko Gold Royalties Ltd (OR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GIB	OR	Difference
Sharpe ratio: Return per unit of total volatility	-1.17	0.22	-1.39
Sortino ratio: Return per unit of downside risk	-1.53	0.58	-2.11
Omega ratio: Gain probability vs. loss probability	0.79	1.08	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.86	0.26	-1.12
Martin ratio: Return relative to average drawdown	-1.54	0.60	-2.14

GIB vs. OR - Sharpe Ratio Comparison

The current GIB Sharpe Ratio is -1.17, which is lower than the OR Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of GIB and OR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GIB vs. OR - Drawdown Comparison

The maximum GIB drawdown since its inception was -86.78%, which is greater than OR's maximum drawdown of -61.90%. Use the drawdown chart below to compare losses from any high point for GIB and OR.

Drawdown Indicators

	GIB	OR	Difference
Max Drawdown Largest peak-to-trough decline	-86.78%	-61.90%	-24.88%
Max Drawdown (1Y) Largest decline over 1 year	-39.72%	-38.54%	-1.18%
Max Drawdown (3Y) Largest decline over 3 years	-49.54%	-38.54%	-11.00%
Max Drawdown (5Y) Largest decline over 5 years	-49.54%	-38.54%	-11.00%
Max Drawdown (10Y) Largest decline over 10 years	-49.54%	-61.90%	+12.36%
Current Drawdown Current decline from peak	-44.78%	-38.43%	-6.35%
Average Drawdown Average peak-to-trough decline	-32.53%	-18.16%	-14.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.14%	16.70%	+5.44%

Volatility

GIB vs. OR - Volatility Comparison

The current volatility for CGI Inc (GIB) is 9.99%, while Osisko Gold Royalties Ltd (OR) has a volatility of 13.74%. This indicates that GIB experiences smaller price fluctuations and is considered to be less risky than OR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GIB	OR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.99%	13.74%	-3.75%
Volatility (6M) Calculated over the trailing 6-month period	25.79%	38.47%	-12.68%
Volatility (1Y) Calculated over the trailing 1-year period	29.27%	45.74%	-16.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.12%	36.04%	-12.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.68%	38.60%	-15.92%

Dividends

GIB vs. OR - Dividend Comparison

GIB's dividend yield for the trailing twelve months is around 0.71%, less than OR's 0.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GIB CGI Inc	0.71%	0.48%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OR Osisko Gold Royalties Ltd	0.79%	0.59%	1.02%	1.34%	1.38%	1.37%	1.18%	1.56%	1.72%	1.56%	1.65%

Financials

GIB vs. OR - Profitability Comparison

The chart below illustrates the profitability comparison between CGI Inc and Osisko Gold Royalties Ltd over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GIB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, CGI Inc reported a gross profit of 684.28M and revenue of 4.17B. Therefore, the gross margin over that period was 16.4%.

OR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported a gross profit of 87.28M and revenue of 101.41M. Therefore, the gross margin over that period was 86.1%.

GIB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, CGI Inc reported an operating income of 684.28M and revenue of 4.17B, resulting in an operating margin of 16.4%.

OR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported an operating income of 79.13M and revenue of 101.41M, resulting in an operating margin of 78.0%.

GIB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, CGI Inc reported a net income of 445.87M and revenue of 4.17B, resulting in a net margin of 10.7%.

OR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported a net income of 72.56M and revenue of 101.41M, resulting in a net margin of 71.6%.

Frequently Asked Questions

Can I hold both GIB and OR in my portfolio?

GIB and OR have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GIB or OR?

OR has higher volatility (13.74%) compared to GIB (9.99%). In terms of maximum drawdown, GIB dropped -86.78% vs OR's -61.90%.

Which has better risk-adjusted returns?

OR currently has the higher Sharpe Ratio (0.22 vs -1.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.